Cigna Group vs Unitedhealth Group (CI vs UNH)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Unitedhealth Group is the larger company by revenue ($447.6B vs $274.9B) and market value ($355.7B vs $74.8B). Cigna Group has grown revenue faster over the last 4 fiscal years (+57.9% cumulative vs +55.6%). Cigna Group trades at the lower trailing P/E (11.4x vs 25.4x).
About Unitedhealth Group
UnitedHealth Group is a health care and well-being company operating through two main businesses: Optum and UnitedHealthcare. Optum provides information and technology-enabled health services including patient care, data analytics, and pharmacy care services to patients, care providers, payers, employers, governments, and life sciences companies. UnitedHealthcare offers health benefits to individuals, employers, seniors, and economically disadvantaged populations to simplify access to affordable, high-quality care.
Head to head (CI FY2025 vs UNH FY2025)
| Metric | CIFY2025 | UNHFY2025 |
|---|---|---|
| Revenue | $274.90B | $447.57B |
| Revenue growth (YoY) | 11.2% | 11.8% |
| Gross margin | — | — |
| Operating margin | 3.3% | 4.2% |
| Net margin | 2.2% | 2.7% |
| Net income | $5.96B | $12.06B |
| Diluted EPS | $22.18 | $13.23 |
| FCF margin | — | 3.6% |
| ROE | 14.2% | 12.0% |
| Long-term debt / equity | 0.74× | 0.72× |
| Market cap | $74.80B | $355.72B |
| P/E | 11.4× | 25.4× |
Fundamentals are from each company’s SEC filings (CI FY2025, UNH FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| CI | $174.07B | $180.52B | $195.26B | $247.12B | $274.90B |
| UNH | $287.60B | $324.16B | $371.62B | $400.28B | $447.57B |
Peer standing
Where each company ranks among the 558 Healthcare companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | CI | UNH |
|---|---|---|
| Operating margin | 3.3%57th percentile of 399 | 4.2%58th percentile of 399 |
| Net margin | 2.2%57th percentile of 418 | 2.7%59th percentile of 418 |
| Revenue growth (YoY) | +11.2%53rd percentile of 538 | +11.8%55th percentile of 538 |
| ROE | 14.2%80th percentile of 473 | 12.0%77th percentile of 473 |
| P/E | 11.4×18th percentile of 201 | 25.4×53rd percentile of 201 |
| Long-term debt / equity | 0.74×67th percentile of 243 | 0.72×66th percentile of 243 |
| Short interest (days to cover) | 2.43d25th percentile of 557 | 3.84d44th percentile of 557 |
Short interest
| FINRA settlement data | CI | UNH |
|---|---|---|
| Shares sold short | 5.2M | 15.5M |
| Change vs prior settlement | +9.9% | +2.5% |
| Days to cover | 2.43 | 3.84 |
| As of settlement | 2026-08-14 | 2026-08-14 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | CI | UNH |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 3 ($6.4M) | 2 ($660,910) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
9 tracked 13F managers hold both Cigna Group and Unitedhealth Group as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
Go deeper
Track CI and UNH
Get an alert when either company files something material, see which superinvestors own them, and ask their filings a question with cited answers.
Start monitoring freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.